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Millennials’ wealth management preferences differ from boomers: report

August 14, 2015

Millennial investors have different preferences compared to their baby boomer parents when it comes to wealth management, according to a new report by Luxury Institute.

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What does the Chinese currency devaluation mean for the luxury industry?

August 12, 2015

China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry.

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American Express banks on mobile to recruit top-notch digital talent

August 7, 2015

American Express is working diligently to offer a slew of mobile features for anyone applying for an open position, including the ability to refer a friend via LinkedIn, to conduct an interview with prewritten questions on mobile and the use of gamification modules for some interviews.

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Digital media key to aiding affluent millennials’ financial needs, says Martini

July 31, 2015

Despite a stabilized United States economy, many affluent consumers are still financially weary and on average spend more than two months researching a product before making a purchase, according to a new Martini Report.

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Wearables to account for 20pc of mobile proximity payments by 2020: report

July 29, 2015

Payment transaction volume on wearables will reach $501 billion by 2020, growing at a compound annual growth rate of 177 percent and representing 20 percent of total mobile proximity transaction volume, according to a new report from Tractica.

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Mandarin Oriental keeps consumers informed with data breech update

July 14, 2015

Mandarin Oriental Hotel Group is keeping consumers updated on the recent data breech that resulted in hackers stealing credit card information from hotel guests.

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Affluent look to alternative investments to cope with economic change: report

June 30, 2015

As the asset management industry incorporates improved technology, investments in alternative capital will increase to an expected $15.3 trillion by 2020, according to a new report by PwC.

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Asia Pacific wealth to overtake North American prosperity by 2016: report

June 18, 2015

A healthy global economy has led the number of high-net-worth individuals to increase worldwide, according to Capgemini’s World Wealth Report 2015.

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Kiplinger launches digital library to help advisers reach investors

June 16, 2015

Finance and business forecaster Kiplinger and technology company Vestorly are helping investors and financial advisers connect through a new online Wealth Creation channel.

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62pc of global execs think customer loyalty is fading: Bain

June 16, 2015

As the global economy unleashes new opportunities and risks, executives for global companies are increasingly optimistic, according to a new report by Bain & Company.

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